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Netherlands to Put Crypto industry Under AML/CTF Law

The cryptocurrency exchanges and digital wallet will be placed under the new EU banking regulations proposed by the Netherlandsâ€™s Ministry of Finance. The Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) laws that are also included in the new EU banking laws will also apply to â€œentities which provide services in virtual currencies and crypto industries.â€